Kansas Public Employees Retirement System (PERS) has added Axium Infrastructure to its fund manager line-up and approved a new real estate fund commitment.

The $19.3bn (€17bn) pension fund told IPE Real Assets it had made a $100m commitment to AxInfra US II, a core infrastructure fund managed by Axium.

Montreal-headquartered Axium invests in Canadian and US infrastructure, including energy, transportation and social assets.

The fund investment will form part of the real-return portfolio of Kansas PERS, which represents close to 10% of its total assets.

Kansas PERS, which is seeking to invest up to $200m in core real estate this year, also said it had approved a $65m commitment to Morgan Stanley Real Estate’s open-ended Prime Property Fund.

The pension fund had previously invested $125m into the $26bn fund.

Kansas PERS said it has started an asset-liability review with investment consultants PCA and Cheiron.